Only five exporting companies could embark more than 1 million tons. The products of the Sojero complex led the shipments registrations, followed by wheat.
After obtaining the quota of US $ 7,000 million sought by the government, the economic team decided the sudden return of the retentions to the agro -exports. In the brief period of time that the measure lasted, A total of 11 cereal companies exported almost all of what was sold.
According to data from Fyothe most benefited were Bunge, LCD, Cofco, Viterra and Cargillwith Affidavit statements abroad (DJVE) that exceeded 2 million of tons in the case of the first two firms, while the remaining three presented sworn statements which ranged between 1.8 and 1.3 million tons.
The podium completed it Molinos, AGD, CHS, AMAGGI, ACA and ADMwith levels less than one million tons declared to export.
What was most exported
Divided by product, There were DJVE of soybean bearing for 2.69 million tons, flour for 4.72 million tons and oil for 905,110 tons. Among the three products there are the majority of the total shipments informed so far that they will not pay export rights.
In the second place in the DJVE registration ranking Wheat was located with 1.77 million tonsof which 890,000 correspond to the new harvest with shipments scheduled for December this year.
DOLLAR SOJA GRAINS CONTENTS
The US request?
This Wednesday there was a lot of noise in the market because of the The United States request not to continue with the zero withholding scheme after October 31.
Within the framework of the announcement of a great monetary rescue to Argentina, the US Treasury Secretary Scott Besent said they are “Working with the Argentine government to end the tax exemptions for producers of raw materials that convert currencies”.
At the moment, it will subtract if the economic team of Luis Caputo It will use that currency flow to buy reservations and give greater guarantee to the creditors of the debt for the maturities of January.
The discomfort with producers
“The decline in retentions was not a measure to benefit the producers who could capitalize or did the agro -exporters. The only objective was to generate a greater flow of dollars and thus change expectations. The sector was never thought about as a benefit“The economist Christian Buteer questioned in his social networks.
In this sense, Scope could find out that different candidates from La Libertad advances (lla) For the October elections they will be meeting this Friday with agricultural producers of the Buenos Aires parties of Tres Arroyos, Bahía Blanca and Benito Juárezto talk about the situation of the sector.
News in development.
Source: Ambito
